Tokyo Metro Chiyoda Line railway market report

Tokyo Metro Chiyoda Line Home market overview

The average price of a sq.m Home of Tokyo Metro Chiyoda Line (Ayase to Kitaayase), in Jul, 2015 to Sep, 2015 was 469,578 JPY/sq.m. The market value represents a decrease of 143,963 JPY (-23.5%) compared to 1 year ago and a transition to a dramatic market. 32 properties exchanged hands ( The market value represents a decrease of 4 (-11.1%) compared to 1 year ago and a transition to a weak market.).

The average age of the real estate was 13.7 years old (a -3.0% decrease compared to the 14.1 years old of last year.). The average size of the real estate was 97.5 sq.m (a -30.0% decrease compared to the 139.3 sq.m of last year.). The average total floor space of the real estate was 145.9 sq.m (a -42.8% decrease compared to the 255.3 sq.m of last year.).

One distinguishing feature of recent real-estate transactions was a dramatic increase in transactions involving relatively large total floor space more than 100 sq.m, as well as a dramatic increase in transactions involving locations relatively far from the station less than twenty minutes by foot from the station.

1 stations have experienced increased prices; 6 stations have experienced decreased prices. Market value of most stations decreased. Ayase station has seen a price increase of over 10% compared to last year. The most dramatic price increase was at Ayase station, where prices have increased +14.1% compared to last year; a sq.m unit now costs 370,264 JPY/sq.m.

The top 2 stations has seen prices increase +7.1% (+22,888 JPY/sq.m). On the other hand, The bottom 2 stations has seen prices decrease -60.8% (-791,183 JPY/sq.m).

Cause of price increases

  • A dramatic increase in transactions involving nearly new buildings under 3 years old (representing 39.4% of total transactions in 2014 and 51.6% of total transactions in 2015)

Causes of price decreases

  • A dramatic increase in average distance from the station (representing 7.4 min in 2014 and 11.3 min in 2015; +52.4%)
  • A dramatic decrease in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 27.8% of total transactions in 2014 and 15.6% of total transactions in 2015)
  • A dramatic decrease in transactions involving locations near to the station less than three minutes by foot from the station (representing 16.7% of total transactions in 2014 and 3.1% of total transactions in 2015)

Breakdown of each segment

The table below shows Home dealt in Tokyo Metro Chiyoda Line, in age, distance from station, and area segments. For example, we can see market trends, such as which transactions have increased more in recent years, those for newer properties, or older ones.

Segment:

※各年ごとの取引件数の割合が高いセグメントほど赤く表示

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Home stations market overview

The average price of a sq.m Home of Yoyogiuehara, the highest market value along this railway was 846,316 JPY/sq.m. The market value represents a decrease of 1,308,230 JPY (-60.7%) compared to 1 year ago and a transition to a dramatic market. 2 properties exchanged hands ( The market value represents a decrease of 1 (-33.3%) compared to 1 year ago and a transition to a dramatic market.).

The average price of a sq.m Home of Nishinippori, the lowest market value along this railway was 176,470 JPY/sq.m. The market value represents a decrease of 274,136 JPY (-60.8%) compared to 1 year ago and a transition to a dramatic market. 1 properties exchanged hands ( The market value represents a decrease of 2 (-66.7%) compared to 1 year ago and a transition to a dramatic market.).

Tokyo Metro Chiyoda Line (Stations Home market overview)
Tokyo Metro Chiyoda LineThis year(2015)1 year ago2 years ago
Ayase370,264 JPY (11.5Y/61.0sq.m)324,405 JPY (27.9Y/196.7sq.m)415,138 JPY (11.0Y/106.5sq.m)
Kitasennju425,704 JPY (12.2Y/80.8sq.m)542,778 JPY (1.5Y/46.7sq.m)378,764 JPY (11.2Y/67.5sq.m)
Machiya521,175 JPY (4.4Y/95.7sq.m)560,826 JPY (10.0Y/126.9sq.m)332,553 JPY (24.2Y/175.0sq.m)
Nishinippori176,470 JPY (25.5Y/230.0sq.m)450,606 JPY (13.8Y/53.3sq.m)586,160 JPY (15.5Y/53.3sq.m)
Senndagi659,330 JPY (37.0Y/115.0sq.m)688,888 JPY (0.5Y/60.0sq.m)396,787 JPY (19.8Y/148.8sq.m)
Nedu-382,727 JPY (14.5Y/67.5sq.m)625,000 JPY (22.5Y/60.0sq.m)
Yushima-366,844 JPY (32.5Y/147.5sq.m)-
Shinnochanomizu---
Ootemachi---
Hibiya---
Akasaka1,451,612 JPY (27.5Y/85.0sq.m)-543,478 JPY (37.5Y/110.0sq.m)
Nogizaka---
Omotesanndou-1,794,642 JPY (29.0Y/265.0sq.m)1,523,123 JPY (29.5Y/96.7sq.m)
Kanmonkaikyo Mekari--1,062,500 JPY (14.5Y/937.5sq.m)
Yoyogikouenn---
Yoyogiuehara846,316 JPY (19.5Y/165.0sq.m)2,154,545 JPY (0.5Y/326.7sq.m)952,856 JPY (14.5Y/132.0sq.m)
Kitaayase291,668 JPY (13.8Y/98.1sq.m)291,751 JPY (12.8Y/105.6sq.m)230,000 JPY (24.0Y/75.0sq.m)

*Average unit prices per sq.m of Home at each train station were calculated using the Utinokati database of actual market sales prices (based on surveys conducted by the Ministry of Land, Infrastructure, Transport, and Tourism of Japan). Units: JPY (Japanese Yen); parenthesis contain average age in years of building / equivalent measurement of area of real estate.

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Noteworthy stations

Ayase370,264 JPY/sq.m (+14% compared with the previous year)

The average price of a sq.m Home of Ayase was 370,264 JPY/sq.m. The market value represents an increase of 45,860 JPY (+14.1%) compared to 1 year ago and a transition to a bull market. 5 properties exchanged hands ( The market value represents an increase of 2 (+66.7%) compared to 1 year ago and a transition to a dramatic market.).

The average age of the real estate was 11.5 years old (a -58.7% decrease compared to the 27.9 years old of last year.). The average size of the real estate was 61.0 sq.m (a -69.0% decrease compared to the 196.7 sq.m of last year.). The average total floor space of the real estate was 87.0 sq.m (a -83.1% decrease compared to the 513.3 sq.m of last year.).

Cause of price increases

  • A dramatic decrease in average age of the building (representing 27.9 years old in 2014 and 11.5 years old in 2015; -58.7%)
  • A dramatic decrease in transactions involving older buildings over 40 years old (representing 33.3% of total transactions in 2014 and 20.0% of total transactions in 2015)

Causes of price decreases

  • A dramatic increase in average distance from the station (representing 5.7 min in 2014 and 10.6 min in 2015; +87.1%)

Kitaayase291,668 JPY/sq.m (-0% compared with the previous year)

The average price of a sq.m Home of Kitaayase was 291,668 JPY/sq.m. The market value represents a decrease of 83 JPY (-0.0%) compared to 1 year ago and a transition to a slight market. 8 properties exchanged hands (It was the same as last year.).

The average age of the real estate was 13.8 years old (a +8.1% increase compared to the 12.8 years old of last year.). The average size of the real estate was 98.1 sq.m (a -7.1% decrease compared to the 105.6 sq.m of last year.). The average total floor space of the real estate was 101.9 sq.m (a -44.0% decrease compared to the 181.9 sq.m of last year.).

Cause of price increases

  • A dramatic decrease in transactions involving relatively old buildings under 40 years old (representing 25.0% of total transactions in 2014 and 14.3% of total transactions in 2015)
  • An increase in transactions involving nearly new buildings under 3 years old (representing 37.5% of total transactions in 2014 and 42.9% of total transactions in 2015)

Causes of price decreases

  • A dramatic increase in average distance from the station (representing 12.4 min in 2014 and 16.2 min in 2015; +31.3%)

Nishinippori176,470 JPY/sq.m (-61% compared with the previous year)

The average price of a sq.m Home of Nishinippori was 176,470 JPY/sq.m. The market value represents a decrease of 274,136 JPY (-60.8%) compared to 1 year ago and a transition to a dramatic market. 1 properties exchanged hands ( The market value represents a decrease of 2 (-66.7%) compared to 1 year ago and a transition to a dramatic market.).

The average age of the real estate was 25.5 years old (a +84.3% increase compared to the 13.8 years old of last year.). The average size of the real estate was 230.0 sq.m (a +331.3% increase compared to the 53.3 sq.m of last year.). The average total floor space of the real estate was 680.0 sq.m (a +142.9% increase compared to the 280.0 sq.m of last year.).

Cause of price increases

  • A dramatic decrease in average distance from the station (representing 6.0 min in 2014 and 4.0 min in 2015; -33.3%)
  • A dramatic increase in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 66.7% of total transactions in 2014 and 100.0% of total transactions in 2015)

Causes of price decreases

  • A dramatic increase in average age of the building (representing 13.8 years old in 2014 and 25.5 years old in 2015; +84.3%)

Yoyogiuehara846,316 JPY/sq.m (-61% compared with the previous year)

The average price of a sq.m Home of Yoyogiuehara was 846,316 JPY/sq.m. The market value represents a decrease of 1,308,230 JPY (-60.7%) compared to 1 year ago and a transition to a dramatic market. 2 properties exchanged hands ( The market value represents a decrease of 1 (-33.3%) compared to 1 year ago and a transition to a dramatic market.).

The average age of the real estate was 19.5 years old (a +3771.5% increase compared to the 0.5 years old of last year.). The average size of the real estate was 165.0 sq.m (a -49.5% decrease compared to the 326.7 sq.m of last year.). The average total floor space of the real estate was 220.0 sq.m (a +51.7% increase compared to the 145.0 sq.m of last year.).

Cause of price increases

  • A dramatic increase in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 33.3% of total transactions in 2014 and 50.0% of total transactions in 2015)

Causes of price decreases

  • A dramatic increase in average age of the building (representing 0.5 years old in 2014 and 19.5 years old in 2015; +3771.5%)

Breakdown of each segment

Station:   Segment:

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Utinokati, Outi Research

*If you wish to use or reproduce this data, please enter the URL (https://utinokati.com/en/) where the data will be posted. (As a general rule, prior consent is not required.) Our data is based on Ministry of Land, Infrastructure, Transport, and Tourism of Japan (actual market sales prices)